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Uber reports Q1 revenue up 14% to $11.53B, but shares drop as revenue falls short of expectations.
Uber reported a 14% revenue increase to $11.53 billion in Q1 2025, slightly below analyst expectations.
The company saw strong growth in mobility and delivery segments, with 18% more trips and 14% more monthly active users.
Net income surged to $1.78 billion, reversing a loss from the previous year.
Despite the positive earnings, Uber’s shares fell due to revenue concerns.
For Q2, Uber forecasts gross bookings between $45.75 billion and $47.25 billion, with adjusted EBITDA of $2.02 billion to $2.12 billion.
The company also plans to expand into autonomous vehicle technology.
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Uber informa que los ingresos del primer trimestre aumentaron un 14% a $11.53B, pero las acciones caen a medida que los ingresos no alcanzan las expectativas.